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Navpreet

USDCHF 4hour fib long

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Navpreet Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF Fibonacci Parallel Channel Trend Lines Trend Line Break keylevel tehchnical analysis topdownanaylisis followthetrend
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usdchf fibonacci parallelchannel trendline trendlinebreak keylevel tehchnical analysis topdownanaylisis followthetrend
-weekly ascending channel
-weekly higher low made
-weekly counter trend line broken
-4hr ascending channel
-4hr fib found support at 61.80% level however there is a chance of further retracement before going long
-4hr target 1 - 127.20%.
-4hr target 2 looks very likely as it has confluences with upper channel boundary to make new higher high.
Trade closed: target reached
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